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30 Apr 2015, 9:38 pm
Clerks, according to the author, are generally temporary rather than permanent staff, poorly paid (RMB 1500-2000 in the Yangtze River Delta region) recently law graduates. [read post]
6 Jul 2010, 9:56 am
There is only poorly understood, badly planned, and horribly managed. 3) Consultants can only do so much of the work, and outsourcing the core functions of a company outright is a bad idea anywhere in the world. 4) Legal documents and due diligence are necessary steps (some say boxes to check), but that is just the beginning of the journey, and at some point a firm will have to walk on their own two feet 5) Quality control is a hands on process, and that goes double for any platinum ranked… [read post]
26 Oct 2015, 3:11 pm
For instance, the penalty for a bribe of RMB 100,000 (USD 15,748.5) ranged from a ten year prison sentence to the death penalty. [read post]
20 Jul 2011, 5:08 am
These raids resulted in 156,000 cases with a cumulative monetary value of 3.43 billion RMB being accepted by the SAIC, Public Security Bureau (PSB, the police), the Intellectual Property Office and the Copyright Office. [read post]
2 Apr 2015, 7:31 am
The rumor is that Foxconn was lured to Zhengzhou with promises of over 5 billion RMB in tax benefits and related incentives. [read post]
3 Jul 2012, 2:46 am
We’re talking here about a complaint that specified RMB 500,000, and I assume that any possible disruptions with respect to the Snow Leopard OS would not be in the same league as, for example, the cessation of iPad sales. [read post]
19 Mar 2024, 2:59 am
As a result, the court ordered statutory damages of RMB 10,000 and the blocking of keywords on the defendant’s platform to prevent further generation of images that are substantially similar to Ultraman. [read post]
20 Jun 2017, 7:35 pm
Every remittance from China requires conversion from RMB to dollars or to some other foreign currency. [read post]
15 Nov 2010, 5:00 am
In re Société Générale Securities Litigation, No. 08 Civ. 2495(RMB), 2010 WL 3910286 (S.D.N.Y. [read post]
22 Jan 2017, 3:58 am
The employee was therefore entitled to tens of thousands of RMB in statutory severance — an amount based on the employee’s total years of service for the employer and his monthly salary. [read post]
6 Sep 2013, 7:22 am
” Eli Lilly brought a trade secret misappropriation claim against Huang under China’s Anti-Unfair Competition Law, seeking injunctive relief and RMB 20,000,000 in damages. [read post]
28 Oct 2021, 5:01 am
Violations of these laws carry penalties of between 10 million RMB ($1.5 million) and 50 million RMB ($7.7 million), or up to 5 percent of annual revenue. [read post]
11 Oct 2010, 9:51 am
The United States interpreted this announcement as an important Chinese concession, and looked forward to a significant and rapid adjustment in the exchange rate between the yuan (or “renminbi”or “RMB”) and the dollar. [read post]
29 Aug 2021, 10:24 am
Last week, China passed the Personal Information Protection Law, a top-level comprehensive data protection law with noticeable parts compatible with the GDPR.Upon that, The IPKat is delighted to host the following guest post co-authored by Anja Geller (PhD candidate at Ludwig-Maximilians-Universität and Junior Research Fellow at the Max Planck Institute for Innovation and Competition) and Zihao Li (PhD candidate at CREATe, University of Glasgow, on privacy and data protection in the Chinese… [read post]
23 Aug 2014, 4:49 am
The proposed changes include (a) new provisions for private agreements for the ownership of copyrights - in particular between employer and employee (b) new provisions to govern the administration and regulation of collection societies and (c) new provisions that would move China on from calculating damages based on the actual loss suffered by the right holder to a more flexible system that would include 'account for profit' and/or fixed damages up to RMB 1 million. [read post]
5 Oct 2017, 5:30 am
A government report (link in Chinese) estimated that ICOs had raised 2.6 billion RMB (almost $400 million) during the first half of 2017. [read post]
21 Feb 2017, 2:37 pm
Article 118, for example, establishes a 300,000 to 500,000 RMB fine (approximately 43,616 to 72,693 USD) for foreign ships that transit the territorial sea, internal waters, or ports without first notifying Chinese officials. [read post]
31 Jul 2018, 3:58 am
When it comes to company formations, China is from Mars and the Western world is from Venus. [read post]
19 Mar 2010, 6:56 am
Thus, not only would the RMB's appreciation not shrink the US-China trade deficit, but it also would cripple America's once-unmatched ability to attract domestic and foreign capital. [read post]
15 Apr 2019, 8:00 am
Most of my China employment work is for employers, but in the last few years, my work representing expat employees just keeps rising and now . equals nearly ten percent of my China employment practice. [read post]
